22 Jul 2024


Toshiba buys Canadian motor-maker

Toshiba International (TIC) is acquiring the assets and intellectual property of Elettra Technology (ETI), a Canadian manufacturer of custom industrial motors, including assets of the former Westinghouse Motor Company Canada.

The strategic acquisition will boost TIC’s strength in the motors market and help to expand its industrial and infrastructure business. A new company, called Toshiba Industrial Products Canada, will is being created. It will retain the existing 40 employees, and plans to double the workforce. Toshiba is moving manufacturing to a recently renovated facility in Hamilton, Ontario, with more space.

ETI was founded in 1996 by two former Westinghouse executives after Westinghouse decided to shut down its motor-manufacturing operation in Canada. The company produces rugged squirrel-cage and wound-rotor induction motors and generators, as well as explosion-proof motors and machines for special applications. It focuses on motors for harsh environments including marine, military and nuclear applications.

The acquisition will give Toshiba the capacity to manufacture large and special-application motors. The integration of the two companies will take place over the next few months.